Global markets have given Trump a clear vote without confidence – and his replacement makes the problem worse Money News
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Global financial markets have made a clear vote on the lack of confidence in President Trump’s economic policy.
The damage that will be caused is clear: the costs of companies will rise and reach their profits.
The consequences will be crowned throughout the global economy, as economists now raise their expectations for stagnation, not only in the United States, but all over the world.
More definitions: FTSE 100 suffers from the largest daily decline since Covid
Financial investors gradually returned their expectations Donald Trump During the past few months.
He hopes that his actions may not coincide with his speech. He was destroyed on Wednesday as it is Imposing a comprehensive tariff on commercial partners in the United StatesFellowing protectionism to an unprecedented level in more than a century.
On Wednesday, Donald Trump announced the global definitions, which increased protectionism. Pre -approval: Reuters
The traders of the Frankfurt Stock Exchange saw the Dax Plummet Stock Exchange on Friday. Pre -approval: Photo of the Exhibition/DPA/AP
The markets have always responded to that, but they were also fighting with another problem: uncertainty when it came to Trump.
He is a volatile personality and we can only guess his next movement. Will he return? How much does he want to negotiate and make concessions?
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This is an enormous unknown, which accumulates uncertainty about how countries respond.
China It has already taken revenge on Europe that it would go further.
Export vehicles, such as this in Yantai, East China, face a huge American tariff. Pre -approval: Chinese district/AP
Container ports like Auckland in California may expect the activity to decrease. Pre -approval: AP
This will increase the problems of the global economy and undoubtedly send tremors across the markets.
Not a lot has been determined yet, but if there is one thing that hates markets, this is uncertain.
